ATT

AT&T Loses 1.4 Million TV Customers in Third Quarter

AT&T lost a staggering 1.4 million pay TV customers in the third quarter as the company’s poorly performing DirecTV unit weighed down its financial results and the cord-cutting trend continued to ravage the industry.

cord cutting

Cable Association Calls for DOJ Antitrust Investigation into Comcast

The American Cable Association (ACA) sent a letter to the Department of Justice (DOJ), urging the agency to open an antitrust investigation into Comcast’s dominant position in the cable and television market and citing “substantial competitive harm” it already provided to consumers.

US cable company Comcast is reportedly considering relaunching a bid to acquire 21st Century Fox even as Disney works to complete a $66.1 billion acquisition of part of Rupert Murdoch's empire (AFP/File DAVE CLARK)

DOJ Fighting to Stop AT&T-Time Warner Merger

The Department of Justice (DOJ) Antitrust Division filed notice Thursday that it will appeal federal District Judge Richard Leon’s ruling allowing telecom giant AT&T and content creator Time Warner’s merger to go through.

An AT&T store is seen on 5th Avenue in New York on October 23, 2016. AT&T unveiled a mega-deal for Time Warner that would transform the telecom giant into a media-entertainment powerhouse positioned for a sector facing major technology changes. The stock-and-cash deal is valued at $108.7 billion including debt, …